Smartly Prepare Exam with Free Online AACE-CCP Practice Test

We offer the latest AACE-CCP practice test designed for free and effective online Certified Cost Professional (CCP) certification preparation. It's a simulation of the real AACE-CCP exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Exam Code: AACE-CCP
Exam Questions: 100
Certified Cost Professional (CCP)
Updated: 25 Aug, 2025
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Practicing : 1 - 5 of 100 Questions
Question 1

Which statement accurately describes Just-in-Time (JIT) techniques for materials procurement?

Options :
Answer: C

Question 2

In a manufacturing operation with the following annual cost structure, calculate the shutdown and break-even points as a percentage of total capacity.Fixed expenses: $5,203,440

Variable expenses: $7,091,040

Semi-variable expenses: $6,217,750

Sales: $26,385,480

Additional Information: Semi-variable expenses at zero production equal 30% of the expenses at full (100%) capacity.

Options :
Answer: C

Question 3


Options :
Answer: C

Question 4

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.Select the statement that best describes the meaning of the +/-notations associated with an estimate. The actual cost is expected:

Options :
Answer: A

Question 5

What is the appropriate course of action for a contractor when experiencing an inexcusable delay?

Options :
Answer: A

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